Just now, Tesla released the Q4 and 2021 financial reports, according to this financial report, Tesla once again achieved amazing high growth, the data is very gratifying, especially the delivery volume and profit margin, have reached a new high.
Behind all this, it is difficult to imagine that tesla can still maintain such a strong growth momentum after the total market capitalization reaches $941.4 billion.
It should be known that even Apple, the world's largest market capitalization, also encountered a growth bottleneck after the market value was about to exceed trillions of dollars that year, which also made Cook have to adjust the company's business strategy.
Tesla offline stores
Specifically, let's look at Tesla's earnings report!
Q4 operating cash flow (free cash flow) after deducting capital expenditures was $2.8 billion, and Q4 cash and cash equivalents totaled $17.6 billion, an increase of $1.5 billion!
The abundance of cash flow is enough to show that Tesla does not have to worry about funds, at least has enough confidence to deal with the chip shortage and supply chain crisis!
Tesla earnings
Q4 GAAP operating profit was $2.6 billion, operating margin was 14.7%, Q4 GAAP net profit was $2.3 billion, non-GAAP net profit (excluding share-based expenses) was $2.9 billion, and Q4 GAAP automotive gross margin was 30.6% (29.2% after deducting points revenue)
It is worth noting that unlike other car companies, part of Tesla's revenue comes from peddling carbon credits, so domestic car companies can learn from Tesla, because this part of the income is also very considerable!
In addition, the most shocking thing is that in the past 2021, Tesla created a delivery record of about 940,000 vehicles, and the annualized production capacity under the efficiency of Q4 in 2021 has exceeded 1.22 million vehicles, which is enough to crush a number of car companies.
Why did Tesla deliveries increase by 87% in 2021?
On the one hand, the global energy crisis has accelerated the transition from traditional energy to clean energy, prompting more people to actively or passively choose new energy vehicles; in addition, the recovery of the global epidemic has also caused people to fear unstable factors, which has prompted them to replace new energy vehicles, thereby reducing the purchase of traditional vehicle fuels.
Of course, in the context of the global call for carbon neutrality, the vigorous promotion of new energy in various countries has also promoted the further increase of Tesla's sales!
Looking to the future, with the continuous improvement of Tesla's Shanghai factory and the production capacity of Austin and Berlin and Fremont factories, Tesla's sales are expected to be further improved in the future, and with the change in the attitude of countries to autonomous driving, I believe that Tesla's FSD can enter the world one day in the future, which will greatly facilitate people's travel!
Write at the end
Why does Tesla do almost nothing to market? Because Tesla's strength is hard advertising, and the saved advertising costs have long been fully returned to the majority of consumers.
Looking forward to Tesla's better results in 2022!